Price High Essay

Wal-Mart's High Cost of Low Prices Essay

918 Words4 Pages

Wal-Mart founded in 1962 by Sam Walton is now the largest American retail corporation. With thousands of chains of stores and warehouses Wal-Mart monopolized the American retail industry. In addition, Wal-Mart is the second largest retail corporation in the world employing of two million employees world-wide. As one of the most valuable corporations in the world Wal-Mart continues to improve their sales annually while offering some of the lowest prices available. Wal-Mart’s famous low price guarantee, come at a high expense of the environment, the small businesses, education, the rights and safety of the consumer, but most importantly their employees. Although Wal-Mart has plays a dominate role in American economy, this “American”…show more content…

Wal-Mart founded in 1962 by Sam Walton is now the largest American retail corporation. With thousands of chains of stores and warehouses Wal-Mart monopolized the American retail industry. In addition, Wal-Mart is the second largest retail corporation in the world employing of two million employees world-wide. As one of the most valuable corporations in the world Wal-Mart continues to improve their sales annually while offering some of the lowest prices available. Wal-Mart’s famous low price guarantee, come at a high expense of the environment, the small businesses, education, the rights and safety of the consumer, but most importantly their employees. Although Wal-Mart has plays a dominate role in American economy, this “American” corporation shows little remorse in the actions they take that negatively impact people, because they are gaining a financial benefit.
Over the years Wal-Mart has established thousands of new warehouses and stores in cities and towns nationwide. Although Wal-Mart promises to bring an economic gain to the areas that they are built on. The building of their infrastructure and the traffic it brings along with it comes at the expense of schools, which lose money due to the subsidy granted to Wal-Mart and not them, and the environment that is harmed by the building process and the chemicals and pollution that the stores and warehouse manufacture. For example, in the documentary a certain Wal-Mart received numerous complaints regarding the

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The Rising Cost of Higher Education Essay

1209 Words5 Pages

One year at the prestigious Yale University will cost an average of $38,300 (collegeboard.com). Many students who deserve to go to this school may miss out because of the cost and lack of financial aid. The rising cost of college may put higher education out of reach for the average American. This paper will look into the reasons behind the steady rise in prices, the legitimacy of a college education, and why recent graduates are struggling to find jobs in this tough economy.
A college education is now as necessary for success as a high school education was in the 1970’s according to the job industry. In 1970, only 40 percent of high school graduates went to college. Now 70 percent of high school graduates attend some sort of…show more content…

Other reasons for the raise in prices could be the health benefits or the rising utility costs the school has to pay. Some schools promise the families a compact plan. In this plan they will pay the same amount of tuition for all four years. The downfall of this plan is that they take the average of all four years so you could end up overpaying for your freshman year. (Kelley)
Will the average student receive enough financial aid for college to truly make a difference? 63 percent of students receive some form of financial aid (whether it is loans or grants). However, because so many students are applying for financial aid there is less to be given. This leaves many students with some form of financial aid still in debt or taking out loans. Federal grant aid has increased by $8,000,000,000 over the past decade and state grant aid is up 78 percent over the last 10 years (Kelley). With the government in this economic depression, this amount of support will not be able to last for long. The public is in debate whether or not college is worth its’ lofty price. College graduates will earn 73 percent more than high school graduates. Someone with a graduate degree will earn an average of $49,900. Compared to that, someone with just a college or Bachelor degree will earn $35,700, and someone who will only graduate with a high school degree will earn $30,800 (Kelley). Strictly looking at those statistics the price of college seems like a fair trade. “The advantage for

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